IG GLOBAL LIMITED is a forex broker whose official website domain was registered on January 18, 2024, primarily offering investors trading services in financial derivatives such as foreign exchange, stocks, futures, energy, precious metals, and cryptocurrencies. The broker's headquarters address is unknown. This broker does not provide services to jurisdictions where it may violate local laws or regulations.
Corporate Registration Information and Regulatory Status:
According to the official information from IG GLOBAL LIMITED's website, its headquarters are located in London, and its subsidiaries are regulated by the U.S. Financial Crimes Enforcement Network (FinCEN) MSB and registered with the U.S. NFA, under its supervision and audit. Additionally, the broker is authorized and regulated by the UK Financial Conduct Authority (FCA) with license number 146311.
Upon verification, neither the US National Futures Association (NFA) nor the Financial Crimes Enforcement Network (FinCEN) had any registration entity named IG GLOBAL LIMITED listed. Furthermore, the FCA's official website shows that the licensed entity with number 146311 is AMT Futures Limited, whose official website is www.amtfutures.co.uk, having no association with IG GLOBAL LIMITED.
Moreover, the broker's web page design and content are identical to those of CPT Limited, Unisnfx, XCY Global Ltd, BCC markets limited, Texttforex, GYG INVESTMENT LTD, Maxtra Financial Limited, among others.
Account Opening:
To open an account with IG GLOBAL LIMITED: Visit the broker's official website, click on "Register" on the homepage or the top right corner of the webpage, enter personal information such as name, email address, set a login password, and submit. Once the application is submitted, the account is successfully registered.
Trading Account Information:
IG GLOBAL LIMITED's official website only discloses information about spreads, trading leverage, margin call/stop-out levels, and contract sizes. Information on account types, trading commissions, minimum/maximum trade sizes, maximum positions/orders, and price precision is not disclosed.
- Spreads: Floating spreads, starting from 1 point
- Trading Leverage: 1:100—1:500
- Margin Call/Stop-Out Levels: 100%/50%
- Contract Size: 1 lot = 100,000 currency units
Trading Platform:
IG GLOBAL LIMITED's official website claims to offer the MT5 trading platform to its users, but does not provide a download link, nor can the MT5 trading platform find any registration for this broker.
Deposits and Withdrawals:
IG GLOBAL LIMITED does not specify the supported methods, fees, or minimum amounts for deposits and withdrawals on its official website.
Summary:
Traderknows reminds investors that IG GLOBAL LIMITED is a forex scam website with opaque registration and regulatory information, suspected of false advertising. The website design and content are identical to those of CPT Limited, Unisnfx, XCY Global Ltd, BCC markets limited, Texttforex, Maxtra Financial Limited, GYG INVESTMENT LTD, and other brokers. Traderknows advises investors to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as "suspected of fraud" on Traderknows.
